News for hackers. Stuff that matters.

A comment on What's the Least Impactful Way to Spend $300,000,000?. Parent comment

Re:What's the Least Impactful Way to Spend $300,000,000? by odd_perfect_num on Thursday April 13, 2023 @10:32PM (#35564844)
Harvard and it's peers are some of the very few academic institutions that have need blind admissions and generous need-based financial aid.

For poor students, Harvard and its peers are pretty much the only free college options besides merit scholarships.

[ Parent | on HN ]
Re:What's the Least Impactful Way to Spend $300,000,000? by jonifico on Thursday April 13, 2023 @10:43PM (#35564932)
Only 1.8% are students from poor families: https://www.nytimes.com/interactive/projects/college-mobilit...
[ Parent | on HN ]
Re:What's the Least Impactful Way to Spend $300,000,000? by fancy_hammer on Thursday April 13, 2023 @10:52PM (#35564991)
That is 100% not what the link says.
[ Parent | on HN ]
Re:What's the Least Impactful Way to Spend $300,000,000? by bagacrap on Friday April 14, 2023 @12:38AM (#35565583)
Hey, 82% are not 1%ers!

That distribution really is extremely heavily skewed, so I think the original comment is correct, I can't see how it's improving equality.

If 1.8% were poor and Harvard helped them become rich adults, probably 65% were rich and Harvard helped them stay rich as adults.

[ Parent | on HN ]
Re:What's the Least Impactful Way to Spend $300,000,000? by wahnfrieden on Thursday April 13, 2023 @10:50PM (#35564979)
they have plenty of money given tiny, static class sizes, and that population you're referring to is already a small one of a small overall student body.
[ Parent | on HN ]